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Pricing

2022
Flag → Flag
Exports $1.96MRnk 126 / 205
2022
Flag → Flag
Top Product $1.61MPrepared Explosives
2022
Flag → Flag
Exports $9.03MRnk 33 / 125
2022
Flag → Flag
Top Product $6.46MPotassic Fertilizers
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC $3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186
2022
Flag
GDP PC$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186

About

Philippines-Laos Trade: In 2022, Philippines exported $1.96M to Laos. The main products that Philippines exported to Laos were Prepared Explosives ($1.61M), Cigarette Paper ($239k), and Baked Goods ($29.3k). Over the past 5 years the exports of Philippines to Laos have decreased at an annualized rate of 10.2%, from $3.37M in 2017 to $1.96M in 2022.

In 2022, Philippines did not export any services to Laos.

Laos-Philippines Trade: In 2022, Laos exported $9.03M to Philippines. The main products that Laos exported to Philippines were Potassic Fertilizers ($6.46M), Broadcasting Equipment ($599k), and Electric Generating Sets ($435k). Over the past 5 years the exports of Laos to Philippines have increased at an annualized rate of 25%,  from $2.96M in 2017 to $9.03M in 2022.

In 2022, Laos did not export any services to Philippines.

Comparison: In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). That same year, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).

Latest Trends

August, 2024

About

Overview In August 2024, Philippines exported $115k and imported $1.25M from Laos, resulting in a negative trade balance of $1.13M. Between August 2023 and August 2024 the exports of Philippines have increased by $115k (57.6k%) from $200 to $115k, while imports decreased by $-276k (-18.1%) from $1.52M to $1.25M.

Trade In August 2024, the top exports of Philippines to Laos were Non-Knit Women's Suits ($50). In August 2024 the top imports of Philippines from Laos were Potassic Fertilizers ($551k), Broadcasting Equipment ($28.5k), Telephones ($28.2k), Veneer Sheets ($13.8k), and Rubber Footwear ($2.8k).

Growth In August 2024, the increase in Philippines's year-by-year exports to Laos was explained primarily by an increase in product exports in . In August 2024, the decrease in Philippines's year-by-year imports  from Laos was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$115k(57.6k%)
IMPORT GROWTH (August 2023 - August 2024)$-276k(-18.1%)

This section shows exports and imports data at subnational level for Philippines. Click any date in the line plot or any product to explore the exports or imports behavior of Philippines over time.

To check Laos and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Laos and Philippines Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $1.96M to Laos. The main products exported from Philippines to Laos were Prepared Explosives ($1.61M), Cigarette Paper ($239k), and Baked Goods ($29.3k). During the last 5 years the exports of Philippines to Laos have decreased at an annualized rate of 10.2%, from $3.37M in 2017 to $1.96M in 2022.

In 2017, Laos exported $9.03M to Philippines. The main products exported from Laos to Philippines were Potassic Fertilizers ($6.46M), Broadcasting Equipment ($599k), and Electric Generating Sets ($435k). During the last 5 years the exports of Laos to Philippines have increased at an annualized rate of 25%, from $2.96M in 2022 to $9.03M in 2017.

Exports from Philippines (Flag) to Laos (Flag) (2022)

Exports from Laos (Flag) to Philippines (Flag) (2022)

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Laos
Top DestinationThailand$3.29B

This map shows whether countries import more from Philippines or Laos. Each country is colored based on the difference in imports they receive from Philippines and Laos or the difference in the growth in imports.

In 2022, countries that imported more from Philippines than Laos included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

In 2022, countries that imported more from Laos than Philippines included Cambodia ($207M), Senegal ($1.08M), and Central African Republic ($100k).

Difference in imports from Laos (Flag) and Philippines (Flag) (2022)

Comparative Advantage Philippines - Laos

Flow
Scale

This chart compares trade between Philippines and Laos by product, considering products traded by both, Philippines and Laos.

During 2022, Philippines had a large net trade with Laos in the exports of Chemical Products ($1.61M), Paper Goods ($241k), and Machines ($56.1k).

During 2017, Laos had a large net trade with Philippines in the exports of Chemical Products ($6.46M), Machines ($1.78M), and Paper Goods ($354k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Laos+$5.3kGold
Top Product Potential Laos Philippines+$4.9kTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Philippines and Laos. This means that a dot/product with the flag of Philippines indicates it has a comparative advantage over Laos. Similarly, a dot/product with the flag of Laos indicates it has a comparative advantage over Philippines.

Product Space of Philippines (Flag) and Laos (Flag) (2022)

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